Crisis Management


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home | Crisis Management

Crisis Management

Liz Claiborne Denies Bankruptcy Speculation
(Source: Wall Street Journal)
Facing continuing losses and forecasting third quarter sales declines of 15 to 25%, Liz Claiborne Inc., has quietly retained turnaround consultant Alvaraz and Marsal. Such moves often presage bankruptcy. . . . keep reading

Ducati Sees Continued Weakness Into 2010
(Source: Financial Times)
Italy's premium motorbike manufacturer Ducati expects revenue to decline 15% this year to €400 million, though restricted spending should improve profits. Company CEO Gabriel Del Torchio insists he will maintain the company's elite positioning despite expectations of a weak market through early 2010. . . . keep reading

Tod's Pelted With Criticism After PETA Attacks Paltrow (11/25)
(Source: LuxuryBrandNetwork.com)
After criticism from animal rights group PETA, actress Gwyneth Paltrow has offered a public apology for wearing fur in an advertising campaign for Tod's Group. . . . keep reading

LVMH Controls Damage After Exec Comments Sink Stock
(Source: LuxuryBrandNetwork.com)
LVMH quickly went into damage control mode after the company's top executive in China urged caution in that market. His comments may have helped send the company's stock down more than 11% for the day to a five-year low. . . . keep reading

Dior Drops Hot Stone After China Insult
(Source: various)
Christian Dior has dropped Sharon Stone from its ads in China after the actress suggested that the devastating earthquake in Sichuan that killed tens of thousands was karmic retribution for the country's occupation of Tibet. . . . keep reading

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